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Europe has been the dominant region in the global cable cars & ropeways market owing to a strong presence of leading manufacturers with 34.9% of the market share in 2024. Countries like Switzerland, Austria, Italy, and France have widespread use of cable cars for transportation across cities and ski resorts in the mountainous regions. Major manufacturers like Doppel Mayr Garaventa Group and Leitner are based in Europe and have established operations across global markets. The European Union has also encouraged adoption of cable cars as an environment-friendly mode of transportation.
The export of cable cars and ropeway technology from Europe has contributed significantly to the growth. Many tourism destinations across Asia Pacific, North America, and other parts of Europe have installed cable car networks supplied by European OEMs. The expertise developed over decades of manufacturing has given the European players an edge. Strict safety certifications for cableway projects also boost the demand for equipment and services from established European brands that are known for reliability.
Another lucrative market that has emerged is China. With efforts to develop tourism in its mountainous western regions, China has witnessed rapid infrastructure growth utilizing cable cars and ropeways. Several local manufacturers have come up to tap this opportunity and contribute to making China the fastest growing regional market. The strategic push for domestic development has seen massive investments in building cableway networks within cities and to connect cities in difficult terrains across Western China.
While Europe still leads in terms of high-end technology, market size and exports, Asia Pacific is fast catching up and major European players have also set up local facilities to gain ground in China. The investments in regional connectivity and tourism bid to promote cable cars as an alternative transportation solution are propelling strong double-digit growth rates, making China the future leader in this sector. Both countries dominating their respective regions exemplifies how strategic policy support and indigenous manufacturing can drive leadership in the cable cars & ropeways market.
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